The Global Warming Policy Foundation has released a new report revealing UK electricity prices have tripled over 30 years, mostly thanks to net zero policies. Compared to the US, which has seen flat real electricity prices over the same period…

The report by Harry Wilkinson explains how prices are only set to rise from here:

Achieving net zero by 2050 could cost £10 trillion with current technologies. Even if technology costs drop, the total cost could still be as high as £6 trillion, according to Net Zero Watch figures.

New renewable energy subsidies are locked in, leading to projected consumer cost increases of 20% by 2030 – from £13.3 billion to £15.8 billion. Combined with carbon taxes, these charges now account for 25% of domestic electricity bills, compared to 14% in 2015. W

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